Dubai Pearl goes international thanks to Sotheby’s funding

Dubai will now also have a pearl of its own! High-profile collaboration between Singapore Sotheby’s International Realty and the makers of the 20 million sq ft Dubai Pearl will see funds up to $3.5billion pumped into the luxury project. The building will house 9,000 penthouses and an active business center for 12,000 is said to be ready in 2013. It will also include a performing arts theater to seat 2,000, six 5-star hotels namely a Bellagio, Baccarat and a MGM Grand among others. The idea of the project is to create a city inside a city kind of a modern set up.